AltMountain

Sailboat TH Development, LLC

Miami Beach, FL · CIK 1823967
Status: no Form D since Sep 2020. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Sailboat TH Development, LLC is a real estate fund based in Miami Beach, Florida. According to its most recent Form D, filed Sep 14, 2020, it has sold $8,000,000 of interests to 27 investors since its first sale in Jul 2020. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Brian Sidman.

Total raised
$8,000,000Cumulative sales reported on Form D
Investors
27
First sale
Jul 23, 2020
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Brian Sidman
Latest Form D
Sep 14, 2020

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Sailboat TH Development, LLC

What is the minimum investment for Sailboat TH Development, LLC?

According to its latest Form D, filed Sep 14, 2020, the minimum investment Sailboat TH Development, LLC accepts from an outside investor is $50,000.

Who can invest in Sailboat TH Development, LLC?

Sailboat TH Development, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has Sailboat TH Development, LLC raised?

Sailboat TH Development, LLC reports $8,000,000 sold from 27 investors on its Form D filed Sep 14, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is Sailboat TH Development, LLC based?

Sailboat TH Development, LLC is based in Miami Beach, Florida.

When did Sailboat TH Development, LLC launch?

Sailboat TH Development, LLC reports its first sale in Jul 2020.

Size compared with every real estate fund

Raised more than 77% of the 619 real estate funds based in Florida, and more than 74% of all 7,337 that report sales.

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